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Jordan’s economy remains sluggish as growth slowed down in 2016 for the second year in a row as geopolitical repercussions take a toll and as reflected in worsening labor market indicators. Economic growth is expected to marginally improve to an estimated 2.6 percent average over 2017-2019.

Jordan’s economy remains sluggish, though it is undergoing a modest pick-up in 2017, owing to a resurgence in tourism and mining.

Jordan At-A-Glance

Over the past 10 years, Jordan has pursued structural reforms in education, health, as well as privatization and liberalization. The Government of Jordan has introduced social protection systems and reformed subsidies, creating the conditions for public-private partnerships in infrastructure and making tax reforms. More work needs however to be accomplished so the focus on identifying steps towards en...

Data

Jordan’s Economic Outlook- April 2017

With record high unemployment and sluggish growth, Jordan’s economy continues to be impacted by repercussions from the Syrian crisis, including the presence of more than 655,000 registered Syrian refugees.